Dallas Fed President Richard Fisher is skeptical about low borrowing costs in the face of record...

|By:, SA News Editor

Dallas Fed President Richard Fisher is skeptical about low borrowing costs in the face of record debt issuance. "Rates are lower than I would have expected them to be," he said in remarks to a community forum. "We'll see how long that continues." He expects Q3 GDP to be revised down from 3.5%, closer to 2.5%.